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Friday, November 05, 2021 11:06:17 AM
Okay I'm just stopping by to make sure that there isn't anyone here who doesn't understand this!
The company has made things very clear in today's 8-K...
All the old convertible notes have been completely paid off in stock and cash. So there will no longer be any more conversions/dilution associated with those old debts!
The only promissory note that is left is the most recent loan that the company took out which has a remaining principle balance of $1,396,245, of which cash payments start in March of 2022 to start paying that loan off.
This remaining loan is NOT convertible unless the company were to default on its cash payment plan obligation.
And Dr. Koos will not let that happen!
Hope this helps to clear things up about anyone who may be confused about this.
Again... Today's 8-K filing news is outstanding! Let the $RGBP bull run begin! Hehe!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001589150/000160706221000487/rgbp110521form8k.htm
Blessings and best wishes,
LoveAndLight
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